NSE sends notice to 60 companies

New Delhi: The NSE has imposed fines and issued notices to as many as 60 firms, including two IL& FS group firms, Videocon Ind and Unitech, for non- compliance with listing norms. ABG Shipyard and Bharati Defence and Infrastructure are among the other entities, according to a communication. The exchange would initiate further action on the firms, which could include suspension, if they do not comply with the norms, it added. These firms have not made required submissions to the exchange as per listing regulations within the prescribed time limit for the quarter ended September.